CBO estimates that enacting H.R. 263 would have no significant effect on the federal budget and would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. CBO estimates that enacting the legislation would not increase on-budget deficits in any of the four consecutive 10-year periods beginning in 2030.
H.R. 263 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act.